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Support the next, great entrepreneurs!

Impact data and claims within this report are provided by the project creator and have not been independently verified by Spacehive.

Support the next, great entrepreneurs!

Children's Business Fair By Children's Business Fair

Get behind 2023's Guildford Children's Business Fair - a one-day marketplace event for young entrepreneurs (7-17), who launch a business, sell in an authentic environment and make their own money.

Guildford Idea stage

This project is preparing for fundraising. Click Like to show your support, or Follow for updates on this project's journey.

The Children's Business Fair (CBF) gives the next generation the opportunity to develop a business, launch in the real world and make their own money. Young entrepreneurs (aged 7-17), develop a brand, build a product or service, create a marketing strategy and then open for business at our one-day marketplace event. Regular events throughout the year give participants the authentic entrepreneurial 'build-measure-learn' experience. They are encouraged to launch, make mistakes, reflect on them and then relaunch at the next event with lessons learned. This is real learning for the real world. Encouraged by the promise of profits, entrepreneurs also build skills critical to the future of work - grit and resilience, problem-solving, creativity and communication. Guildford hosted three CBF events in 2022, where 223 local young entrepreneurs launched 144 businesses. The funds raised will help this event continue through 2023 and help even more young people build, sell and learn.

What we'll deliver:

  • Creating a event space on Guildford High Street for up to 70 young entrepreneurs to sell their products
  • Hire of event equipment (gazebos, tables, chairs) and event staff
  • Recruitment of local young entrepreneurs & event marketing

Why it's a great idea:

The CBF's two key benefits are: 1) Celebrating Guildford's next generation 2) Celebrating the high street There is little doubt that CBF transforms the lives of young entrepreneurs. The CBF sets them up with skills for life (not just exams). Parents agree. In our Dec 2022 parent survey, 83% of respondents felt that participating in the CBF had helped grow their children's confidence. 76% thought that the experience had made their children grittier and better communicators. Bringing colour, community and commerce to local communities, the CBF also transforms the town centres and high streets where the events are held. Regular CBF events, complete with buzz, energy and increased footfall, build a groundswell of positivity and pride of place.

Steps to get it done:

  • Recruiting up to 70 young entrepreneurs to launch their own businesses
  • Ensuring that the CBF is open and available to all, no matter their financial background

Gallery

Location Guildford

About the space

Guildford High Street

Council

Guildford Borough Council

How will the money be spent?Total £5,556

Gazebo, weights, table chair hire and delivery - £3,356 (60%)
Marketing & Promotion - £850 (15%)
Personnel - £312 (6%)
Misc - £232 (4%)
Decorations (Balloons, rubber bands, sponsor banners) - £200 (4%)
Swag Bags - £95 (2%)
Printed materials (Certificates) - £72 (1%)
Other - £440 (8%)

Costs Breakdown

This shows how money raised for the project will be spent. Before entering fundraising these costs will be confirmed by the project's Delivery Manager and verified by the verifier.

60%
Gazebo, weights, table chair hire and delivery
£3,356
15%
Marketing & Promotion
£850
6%
Personnel
£312
4%
Misc
£232
4%
Decorations (Balloons, rubber bands, sponsor banners)
£200
2%
Swag Bags
£95
1%
Printed materials (Certificates)
£72
8%
Other Read More
£440
  • Spacehive fees
    £256
  • Transaction fees
    £133
  • VAT
    £51

Overfunding

This project is enabled for overfunding. If the project hits its funding goal before the end of the campaign period, any extra funds raised will be spent (in order of priority) on:

  • Contingency for the project to protect against price fluctuation
  • Extra funds will go towards the next CBF event in November 2023.

Total £5,556

Our Volunteer List

We're currently looking for people to offer skills and time to develop our project! Check out the list of what we need below and then use the 'Volunteer' button to the right to get involved.

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